23 June 2009
Introducing Thuthuka
• A world-class, South African based, multidisciplinary (civil,
mechanical, chemical, electrical and process) project
engineering, origination and investment company
• Founded in 2005 by merger of a number of engineering
companies active in related fields
• Specialises in:
–
–
–
–
Industrial water treatment and reclamation
Chemical and process plant
Emissions management
Mining and metallurgical projects
• Primarily focused on the mining and resources sectors
• BOOM – Build, Own, Operate and Maintain
– Deepening Thuthuka’s value proposition through unique project
finance offering
A Proud Footprint
Ghana
Nigeria
Democratic Republic
of the Congo
Namibia
Malawi
Mauritius
Madagascar
Mozambique
Botswana
South Africa
Organisational Structure
Revenue Sources
TimeBased
ProjectBased
Regular
Annuity
Once-Off
BOOM
Turnaround
Local
International
Consulting
ProjectMng
Turnkey
Product
BOM
Products and Services
• Water treatment
– The design and construction of plant and equipment for the recovery
and re-use of potable and industrial water, thereby eliminating
environmental and ecological damage
• Emissions management
– Thuthuka has the scrubber technology to successfully scrub most
pollutants that industry produces
– Technologies provided comply with new South African regulations on
emission control and international requirements set to comply with
ISO 14000 production standards
Products and Services
• Mining and Metallurgical
– Turnkey capabilities for the design, manufacture and installation of
plant and equipment for the recovery of base and precious metals by
leaching, solvent extraction, electrowinning and reworking of tailings
dams and rock dumps
• Chemical processing
– Design and construction of plant for chemical processes, including the
production of sulphuric acid
Customers & Partners
Key Differentiators
“seeking to occupy niche markets”
Risk
management
Specialisation
Financial
innovation
Engineering
competence
Quality of equipment
Technology
used in projects
Innovation
Flagship Projects
Hazardous Waste
Handling
People’s Republic of China
Water treatment plant
Barge pump station
Elands Platinum
Flagship Projects
Stack
Northam Platinum
Boynton Barrick Pipeline
Flagship Projects
Surface Materials
Handling
Civil construction
Elands Platinum Mine
Metallurgical Process
Plant
Flagship Projects
Biological Heap Leach
Plant
Multi purpose gas
scrubbers
Acid mine drainage
treatment
Flagship Projects
Project
Description
Start date End date
Pilansberg Platinum (1008)
10 MVA Standby power
generating plant
2008
2009
SNC Lavalin (0308)
CCD Thickeners, FRP Liners,
Launders, Madagascar
2008
2010
TMP Impala Platinum (0508)
Impala Gas Scrubbers
2008
2009
Boynton/Barrick (0207)
Water Supply, Reservoir
and Pipelines
2007
2009
Eland Platinum (2006)
Sewage & Water Treatment
Plant, BOOM project
2007
2008
PBMR (t114)
Turnkey Supply of Nuclear
Chemical Plant
2007
2009
Boynton Platinum (0507)
Hall Roads
2009
2010
Eland Platinum (0607)
Tailings Dam
2007
2008
Prospective Projects
Project
Description
Start date
End date
Si Metal/Trichlorosilane
Production of 10 000 tonnes
of Trichlorosilane(TCS) per
annum
2011
2012
PTFE
Production of 4000 tones of
PTFE (Teflon)
2011
2013
Carbon Black Exxaro
Converts Methane gas to
Carbon Black and Hydrogen
2012
2013
Zircon Pigments
Converts Zircon to Plasma
Dissociated Zircon
2010
2011
Zircon Chemicals Exxaro
Converts Zircon into other
high value chemicals
2011
2012
Niobium/Tantalum
Mining of a Niobium rich ore,
upgrading of the ore to a
concentrate
2010
2012
Sasol Green Coke induction
heating
Converts Sasol Green Coke to
a calcined coke
2010
2011
Prospective Projects
Project
Description
Start date
End date
Titanium industry TiO2 (Full
plant)
Production of Titanium
dioxide
2016
2018
Mozambique Limestone
Limestone mine, Cement and
limestone plant
2010
2013
Fumed silicon
Silicon chloride and plasma
technology to produce fumed
silica and gaseous chlorine
2011
2012
Strategic Intent
SA/Africa & developing
world
• Potential markets
benchmarked against:
• Pricing strategy
• Changing the customer
value proposition
• Pricing strategy
• Sales strategy
• Expansion opportunities
• Markets identified in
Execution Plan
Opportunity
assessment
• skills availability
• level of infrastructure
development
•Buoyancy of domestic
resources sector
• Divisions structured to
• Developed in accordance
with both organic &
acquisitive strategies
•Each division headed by
key member of the senior
management group
Organisational
Structure
Industry
Consolidation
achieve logical
consolidation &
representation of the
markets in which
Thuthuka operates and
the clients it serves
•Achieved by:
•Organic growth
• M&A activity
Thuthuka Grouping: Financial History
2006
USD'000
Actual
2007
USD'001
Actual
2008
USD'002
Actual
Revenue
15,065
25,117
42,941
Gross Profit
4,751
9,055
15,001
Operating Profit
2,161
4,831
6,368
Profit before Tax
1,747
3,349
4,616
Profit after Tax
1,365
2,099
3,358
Net Asset Value
2,551
4,982
9,255
ZAR:USD
8
Contact details
• Thuthuka Group Limited
Bill Pullen, Chief Executive
billp@thuthukagroup.com
• Dominic Group
Bob Rose
brose@dominick.ca
• Arcay Corporate Finance
Marthinus Erasmus
erasm@arcay.co.za
Thank you